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Q: Are straw purchase car loans legal?
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Related questions

Is buying a car for your child a straw purchase?

only if you use a straw


Are straw purchases of a car legal in CA?

No automobile straw purchases are not legal in California. Straw purchases are attempts to intentionally defraud a lender and if found out the car loan could be void.


What is legal age to purchase a car in Massachusetts?

what is the legal age to purchase a car in massachusetts


Is there a legal limit on interest rates for car loans?

There is in some states.


Can minors obtain car loans?

You will need a co-signer of legal age.


Does tfc banks do auto and home loans?

TCF Bank offers several different types of home loans. For car loans, however, they don't have a specific auto loan, but they do offer personal loans that you can use to purchase a car.


Can someone else take out a loan on a car for you?

This is called a 'straw' purchase. It does happen in the industry, but the banks do not allow it.


What is the legal age to purchase a car in Iowa?

18


What is the legal age to purchase a car without a parents consent?

You must be 18 to sign a contract to purchase a car.


How old do you have to be to purchase a car in NH?

You can purchase a car at any age. You just cannot drive the car until the legal driving age.


Where can we get a car loan rates quotes for free?

I recommend roadloans.com. The site allows you to get new and used purchase loans, Refinance loans, a loan for a purchase for an individual, and a cash-back refinance loan.


Where can one purchase a Ford Tractor?

One can purchase a Ford Tractor from Ford car dealership. Always check your local Ford car dealer for better choice and model, even discounts on car loans.